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Capital A To Hold EGM On Oct 14, 2024, For Disposal Of Aviation Business

KUALA LUMPUR, Sept 23 (Bernama) -- Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company AirAsia X Bhd (AAX) will be tabled for shareholders’ approval. 

LRN Corporation Is ICA Compliance Awards 2025 Exclusive Headline Partner

KUALA LUMPUR, Sept 23 (Bernama) -- LRN Corporation, the world’s largest dedicated ethics and compliance company, has become the exclusive headline partner of the ICA Compliance Awards 2025.

Preqin Expects Global Alternative Markets To Surpass US$30 Trillion By 2030

KUALA LUMPUR, Sept 23 (Bernama) -- Preqin in its Future of Alternatives 2029 report forecasted the global alternatives industry to reach US$29.2 trillion in assets under management (AUM) by 2029, from US$16.8 trillion at the end of 2023. (US$1=RM4.20)

Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.

Labuan's Asian Supply Base Secures First International Client For Major Philippines Energy Project

LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.

Proton e.MAS 7 Tour Kicks Off Oct 5, Eyeing EV Market Lead

By Zarul Effendi Razali

SHAH ALAM, Sept 21 (Bernama) -- Proton Holdings Bhd is confident that the Proton e.MAS 7 Tour will help the national carmaker achieve its goal of making the Proton e.MAS 7 the top-selling electric vehicle (EV) in the country.

Malaysia Approves RM185.3 Bln In Digital Investments From 2021 To June 2024 – PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Digital investment totalling RM185.3 billion has been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.

Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan

By Jailani Hasan

LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.

Bank Muamalat's Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award

KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.

Glomac's 1Q Net Profit Rises To RM7.28 Mln

KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.